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Capitalism

/ˈkæpətlɪzəm/

An economic system where trade and industry are controlled by private owners for profit.

Synonyms:

This word has no synonyms

Under capitalism, innovation often drives economic growth.

Monopolies can sometimes occur under unchecked capitalism.

Capitalism encourages individual entrepreneurship and investment.

Derived from the French word capitalisme, which originated in the mid-19th century, based on capital-meaning wealth owned or employed in business.

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